Using legal methods and investment strategies unique tactics have been developed to unwind auction sales and even place the borrower in a "better" position than if the sale were postponed.

My situation is unique because I have one lung, and I have to get CT scans every 6 months and see my pulmonologist several times per year.

What makes it unique is its open to non-accredited investors with as little as $500.

Let them know what you are investing in, what it is going to cost, how long it will take and what your exit strategy is to repay them.

The catch all "and to do all other things usual and customary as allowed by law" really doesn't cut it literally.You should avoid using RE buzz words or investor terminology like "wholesale" "birddog" "Lease-Option" as these terms are unique and opens the door to other determinations.

"We're in a unique period where brand-new houses can be built for a low enough cost that single family rentals can work."

It won't be an issue for commercial notes.Modifying a note is the same extending credit as a new loan.I can assure everyone, you are getting a greater insight to the SF issues in this thread than you will with any seminar/pitch or mortgage broker spiel.As Ken pointed out, many of the issues in lending are not unique to one type of activity, ECOA is applicable to any credit activity.Donna, very well said.

For whatever reason I had it in my head that the benefit of the residential loan was tax deduction, however now that I've gone back and looked at it, it appears the benefit is a longer repayment term.

I like the approach of just jumping in and doing a deal, but I also don't see anything wrong with working for someone else, earning a salary, and starting your own deals at a higher level.Here's another component that's unique and pretty cool: The Utah Real Estate Challenge.

Yes, I am in a unique situation.